Credit Cards & Online Shopping

A Look at Credit Cards in the UK

The credit card has become a staple part of many people’s financial lives. Many take it as standard practice to pay for anything as substantial as a tank of fuel for the car, or the weekly shop by credit card.

In doing so, what they have done, in effect, is to borrow money from the card provider (which is usually a bank), under agreement to repay after an agreed time limit.

Alternatively, there are those who only wish to pay as they go, to keep an eye on their own finances, paying by cash or by debit card, to avoid being “in debt”.

The disciplined user of credit cards is way in front here, effectively using the bank’s money for purchases for which you get the Continue reading “Credit Cards & Online Shopping”